Spotify’s stock price has been on a promising upswing, with analysts setting ambitious targets as shares edge near $400. The last time SPOT approached this mark was in early 2021, fueled by high-profile content deals, but concerns over profitability and market pressures pulled it down to the $70s in 2022. Under CEO Daniel Ek’s direction, Spotify shifted focus to profitability, cutting unnecessary expenditures. Analysts are optimistic, with targets ranging up to $490 from firms like Morgan Stanley and Deutsche Bank, driven by projected subscriber growth, podcasting, and ad revenue.
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Soho House Acquired for £2 Billion as Ashton Kutcher Joins Board
Private members' club chain Soho House has been snapped up for $2.7bn (£2bn) by a consortium involving Hollywood actor turned investor Ashton Kutcher. The group opened its first club in London in 1995, and now has 46 Soho Houses in Europe, North America and Asia, as well a string of other up-market hospitality businesses. It is widely regarded as being a popular haunt of A-list celebrities, and one of its London venues was reportedly where Prince Harry and Meghan Markle had their first date.
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Uber Launches Private Helicopter and Free Boat Rides Along Italy’s Amalfi Coast
Say “hello!” to Italy from a personal heli or “buongiorno!” from a private boat. Uber’s latest installment of their “Go Anywhere” program brings Uber Boat and Uber Copter to Italy’s Amalfi Coast this summer. Every Saturday and Sunday from July 26 through Aug. 24, travelers can charter a private boat or helicopter to see the über-popular European destination. Visitors can start reserving their trips on Wednesday, June 25, and can book a minimum of 48 hours ahead of any expedition. For those se
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Trump Says Putin Talks ‘Don’t Go Anywhere’ as He Imposes New Sanctions on Russia
The US has announced new sanctions targeting Russia's two largest oil companies in an effort to pressure Moscow to negotiate a peace deal in Ukraine. The announcement came one day after US President Donald Trump said a planned meeting with his Russian counterpart Vladimir Putin in Budapest would be shelved indefinitely. "Every time I speak to Vladimir, I have good conversations and then they don't go anywhere," Trump said. While the economic impact to Russia is likely to be minimal, it repres
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LeBron James’ Lakers Group Chat the Night of the Luka–AD Trade Revealed
Nearly a year after the blockbuster trade that sent Anthony Davis to Dallas and brought Luka Dončić to the Los Angeles Lakers, new details are shedding light on how LeBron James and his son Bronny learned the news. In a new book by sportswriter Yaron Weitzman, the moment is described as one of the most surreal nights in recent NBA history. According to Weitzman, Bronny James—now both LeBron’s son and Lakers teammate—was the first to share Shams Charania’s viral tweet announcing the trade in the
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Mosquitoes Discovered in Iceland for the First Time
Mosquitoes have been discovered in Iceland in a first for the island nation, which has long been one of the world’s mosquito-free places, a researcher told AFP Monday. Three Culiseta annulata mosquitoes, two females and one male, were sighted around 30 kilometres (20 miles) north of the capital, Reykjavik, according to Matthias Alfredsson, an entomologist at the Natural Science Institute of Iceland. “They were all collected from wine ropes… aimed at attracting moths,” the researcher said in an
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U.S. Supreme Court Considering If Regular Weed Smokers Can Legally Own Guns
The U.S. Supreme Court has agreed to review whether Americans who regularly use marijuana can legally possess firearms, a case that could further define the boundaries of the Second Amendment and federal drug law. The dispute arises from a Justice Department appeal seeking to revive a prosecution against a Texas man, Ali Danial Hemani, after the Fifth Circuit struck down the federal statute barring gun ownership by unlawful drug users. The law, which dates back decades, prohibits individuals wh
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